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Old 07-21-2008, 07:39 AM  
tony286
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Join Date: Aug 2002
Location: atlanta
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Quote:
Originally Posted by webmasterchecks View Post
banks made a lot of the money off the mortages before the credit crunch, now they are carefully thinking out who they are going to issue loans to, because so many are defaulting, and they made money off of not being careful enough in the past, and are now getting hit

the same principle can apply to merchant accounts

and im not saying it would get pulled, some people taking risks may lose theirs, banks may not issue them as freely as they are now, and some banks may pull out, but as long as your numbers make sense, netbilling is smart enough to make sure you are taken care of
People losing merchant accounts, well someone wants to gamble with their account oh well. The thing I worry about is Visa decides cb's are getting stupid again now it goes to .5 or .3.Then their actions affect my business and that really pisses me off.
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